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Karachi: Kashf Foundation, a renowned microfinance institution in Pakistan, has introduced Tradable Financial Certificates (TFC) with the symbol KFTFC1. These TFCs have a tenor of 4 years and offer an appealing profit rate of 3M KIBOR + 2.25%. The tot...

Karachi: The NAFA Islamic Active Allocation Fund - I has declared no distributions for the fiscal year ending June 2023. Following the pattern from the previous year, the fund has maintained a status quo with no distributions as recorded at the previo...

Karachi: Agha Steel Industries Limited's Sukuk, symbolized as AGSILSC, with a face value of Rs. 1,000,000 per Mkt. Lot and a tenor of 6 years, offers a profit rate of "3M KIBOR + 0.8%". The total issue size for this security is Rs. 5,000,000,000, and ...

Karachi: The NBP Islamic Sarmaya Izafa Fund, with a year of listing in 2007, reported a notable distribution rate of 17.32% for the period ending June 2023. The fund's offer price stood at PKR 19.13, while the redemption price was reported at PKR 18.5...

Karachi: The Atlas Income Fund, with a notable offer and redemption price parity at PKR 566.16 and PKR 566.17 respectively, has declared a distribution of PKR 24 per unit. This distribution aligns with a reported 5.40% yield for June 2023. The fund ha...

Karachi: Colony Textile Mills Ltd (CTM), holding a significant paid-up capital of PKR 4,980.10 million, reported a closing share rate of PKR 2.43, slightly above its daily average. CTM has consistently opted not to distribute dividends, with no declar...

Karachi: For the fiscal year ending in June 2023, Alfalah GHP Income Fund, which has been active since 2007, reported a distribution of 4.07%, or PKR 5.3659 per unit. No offer or redemption price was disclosed in the recent financial announcement.